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TREASURY DEPARTMENT Wa s h i ng t on FOR RELEASE, MORNING NEWSPAPERS We dne s day, F e b r u a r y 13, 1946 today The u n f r e e z i n g o f by S e c r e t a r y Vinson. Press Service No . V - 2 1 6 Netherlands blocked accounts was announced By a m e n d i n g G e n e r a l L i c e n s e No. 95 t o i n c l u d e t he N e t h e r l a n d s , t he r e l e a s e o f b l o c k e d N e t h e r l a n d s a c c o u n t s is p r o v i d e d f o r t h r o u g h t h e c e r t i f i c a t i o n p r o c e d u r e a 1 r e a d y i n e f f e c t f o r F r e n c h , B e l g i a n , Norwegi an and F i n n i s h a s s e t s . Th e N e t h e r l a n d s G o v e r n m e n t has d e s i g n a t e d t h e N e d e r 1 a n d s c h e Bank a s t h e c e r t i f y i n g a g e n t u n d e r t h e l i c e n s e . S u b s t a n t i a l l y a l l r e s t r i c t i o n s on c u r r e n t t r a n s a c t i o n s w i t h t h e N e t h e r l a n d s w e r e r e m o v e d e a r l y i n D e c e m b e r b y G e n e r a l L i c e n s e No. 94. A c c o u n t s c e r t i f i e d under t he a r r a n g e me n t an no u n c e d t o d a y w i l l a l s o be f r e e l y a v a i l a b l e f o r use under t h a t l i c e n s e . G e n e r a l L i c e n s e No. 95 was made a v a i l a b l e t o t h e N e t h e r l a n d s a f t e r an e x c h a n g e o f l e t t e r s b e t w e e n t h e N e t h e r l a n d s M i n i s t e r o f F i n a n c e and S e c r e t a r y V i n s o n s i m i l a r t o t h o s e w r i t t e n i n c o n n e c t i o n w i t h t h e d e f r o s t i n g o f the c o u n t r i e s p r e v i o u s l y i n c l u d e d in the l i c e n s e . C o p i e s o f t he l e t t e r s a r e a v a i l a b l e at t h e F e d e r a l R e s e r v e Banks o f New Y o r k , C h i c a g o , and San F r a n c i s c o . The N e t h e r l a n d s M i n i s t e r o f F i n a n c e ha s i n f o r m e d S e c r e t a r y V i n s o n t h a t t h e s e q u e s t r a t i o n me a s u r e s i mp o s e d on p r o p e r t y o f U n i t e d S t a t e s n a t i o n a l s d u r i n g t h e Ge r ma n o c c u p a t i o n h a v e b e e n a b r o g a t e d and t h a t a p r o c e d u r e has b e e n e s t a b l i s h e d u n d e r w h i c h a b s e n t o wn e r s c a n be reinstated in t h e i r r i g h t s . T r e a t m e n t a c c o r d e d t o a s s e t s in the N e t h e r l a n d s o f U n i t e d S t a t e s n a t i o n a l s w i l l b e a s f a v o r a b l e as t h a t a c c o r d e d to a s s e t s o f n a t i o n a l s o f any o t h e r c o u n t r y . Transfers of f u n d s f r o m t h e N e t h e r l a n d s t o t he U n i t e d S t a t e s w i l l be p e r m i t t e d t o the f u l l e s t e x t e n t c o n s i s t e n t w ith the N etherlan ds f o r e i g n exchange pos it ion. - oOo - 46-06
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